Succeed in Medicine

Philip Chan's Mission to Democratize Investing

30min | 03/07/2024

Description

—- 👋

This episode is sponsored by Heidi Health. A FREE FOREVER, feature-rich & compliant AI Scribe, developed carefully for all healthcare providers. If you’re already paying for an AI Scribe, swap to Heidi for FREE, and they’ll credit what you’re already paying towards Heidi Pro. Heidi is your AI resident. Use Heidi for free & revolutionize the way you provide care.

—- 👋

This episode is also sponsored by Lightspeed Investing. Accelerate your wealth and unlock the speed of success with Lightspeed Investing. Connect with CEO, Philip Jayhawk Chan on LinkedIn to learn more.

—- 👋

In this episode, Dr. Block interviews Philip Chan, the co-founder and CEO of Lightspeed Investing. Philip shares his journey from trading luxury watches and dealing in cryptocurrencies to mastering short-term investing in futures and commodities. Lightspeed Investing, under Philip's leadership, has specialized in managing investments for high net worth individuals and educating the public on leveraging financial markets for short-term gains. Philip elaborates on the distinction between traditional and alternative investments, the mechanics of futures and commodities trading, and the importance of risk management and proprietary trading techniques

About Philip Chan, CEO of Lightspeed Investing:

Philip Chan is a serial entrepreneur and the co-founder and CEO of Lightspeed Investing. With a diverse background that includes trading luxury watches, cryptocurrency, and international leadership consulting, Philip has dedicated his career to the intricacies of short-term investing. Holding a master’s degree in applied statistics, data science, and analytics from the University of Kansas Medical Center, he leverages his expertise to manage wealth for high net worth individuals and educate the public on successful investment strategies in futures and commodities. Through Lightspeed Investing, Philip aims to transform the futures and commodity markets into accessible tools for personal financial growth, advocating for informed and strategic trading practices.

Connect with Philip on LinkedIn!

Timestamps:

00:00:05 - Introduction to Philip Chan and Lightspeed Investing

00:01:02 - Elevator Pitch for Lightspeed Investing

00:01:50 - Traditional vs. Alternative Investments

00:02:41 - Publicly Available Trading and Asset Classes

00:03:01 - Understanding Futures and Commodities

00:04:20 - Explanation of Trading Contracts

00:05:07 - Electronic Trading and Historical Context

00:06:00 - Asset Classes Breakdown

00:07:00 - Short-Term vs. Long-Term Investing

00:08:05 - Interactive Brokerage and Discount Brokerage

00:09:07 - Smallest Trading Increments and Contracts

00:10:19 - What is a Future?

00:11:58 - Commodities as Examples

00:12:14 - Trading Indexes and Futures

00:13:08 - Making Money in Different Market Directions

00:14:10 - Intraday High Frequency Trading

00:15:49 - Risk Management in Trading

00:16:45 - Short-Term Investing and Asset Choices

00:17:28 - Rate of Change in Alternative Exchanges

00:19:06 - Age of Futures and Commodity Billionaires

00:19:39 - Risk Aversion and Short-Term Investing

00:20:33 - Proprietary System and Trading Factors

00:24:06 - Competing Against Professionals and AI

00:25:27 - Surgical Analogy for Trading Practice

00:27:07 - How to Learn More and Connect

00:28:57 - Closing Remarks and Thanks

Did ya know…

You can also be a guest on our show? Please email me at brad@physiciansguidetod...

About Succeed in Medicine

Was your training enough to handle everything physician life demands? From lawsuits to leadership, career decisions to challenging conversations, balancing the personal with the professional — not enough was addressed in medical school, residency or fellowship. This show fills those gaps so you can live up to the expectations that come with the white coat — not just in the exam room, but in all the places your MD follows you. Your host, Dr. Bradley Block, a private practice ENT, is right there with you — navigating the same challenges and bringing in world-class guests to teach, as he puts it, “everything we should have been learning while we were memorizing Kreb’s cycle.” With nearly 500 episodes and close to half a million downloads, Brad has built a trusted space where physicians come for brass-tacks, immediately-applicable advice. You don’t need another certification. You need a podcast that covers personal finance, private practice, side-gigs, main-gigs, reacting to bad reviews, misinformation, social media, charting, parenting, communicating, negotiating, leading, managing, teaching, learning and what to do when someone yells, “Is there a doctor on board?”

Hosted on Ausha. See ausha.co/privacy-policy for more information.

About Succeed in Medicine

Was your training enough to handle everything physician life demands? From lawsuits to leadership, career decisions to challenging conversations, balancing the personal with the professional — not enough was addressed in medical school, residency or fellowship. This show fills those gaps so you can live up to the expectations that come with the white coat — not just in the exam room, but in all the places your MD follows you. Your host, Dr. Bradley Block, a private practice ENT, is right there with you — navigating the same challenges and bringing in world-class guests to teach, as he puts it, “everything we should have been learning while we were memorizing Kreb’s cycle.” With nearly 500 episodes and close to half a million downloads, Brad has built a trusted space where physicians come for brass-tacks, immediately-applicable advice. You don’t need another certification. You need a podcast that covers personal finance, private practice, side-gigs, main-gigs, reacting to bad reviews, misinformation, social media, charting, parenting, communicating, negotiating, leading, managing, teaching, learning and what to do when someone yells, “Is there a doctor on board?”

Hosted on Ausha. See ausha.co/privacy-policy for more information.

Description

—- 👋

This episode is sponsored by Heidi Health. A FREE FOREVER, feature-rich & compliant AI Scribe, developed carefully for all healthcare providers. If you’re already paying for an AI Scribe, swap to Heidi for FREE, and they’ll credit what you’re already paying towards Heidi Pro. Heidi is your AI resident. Use Heidi for free & revolutionize the way you provide care.

—- 👋

This episode is also sponsored by Lightspeed Investing. Accelerate your wealth and unlock the speed of success with Lightspeed Investing. Connect with CEO, Philip Jayhawk Chan on LinkedIn to learn more.

—- 👋

In this episode, Dr. Block interviews Philip Chan, the co-founder and CEO of Lightspeed Investing. Philip shares his journey from trading luxury watches and dealing in cryptocurrencies to mastering short-term investing in futures and commodities. Lightspeed Investing, under Philip's leadership, has specialized in managing investments for high net worth individuals and educating the public on leveraging financial markets for short-term gains. Philip elaborates on the distinction between traditional and alternative investments, the mechanics of futures and commodities trading, and the importance of risk management and proprietary trading techniques

About Philip Chan, CEO of Lightspeed Investing:

Philip Chan is a serial entrepreneur and the co-founder and CEO of Lightspeed Investing. With a diverse background that includes trading luxury watches, cryptocurrency, and international leadership consulting, Philip has dedicated his career to the intricacies of short-term investing. Holding a master’s degree in applied statistics, data science, and analytics from the University of Kansas Medical Center, he leverages his expertise to manage wealth for high net worth individuals and educate the public on successful investment strategies in futures and commodities. Through Lightspeed Investing, Philip aims to transform the futures and commodity markets into accessible tools for personal financial growth, advocating for informed and strategic trading practices.

Connect with Philip on LinkedIn!

Timestamps:

00:00:05 - Introduction to Philip Chan and Lightspeed Investing

00:01:02 - Elevator Pitch for Lightspeed Investing

00:01:50 - Traditional vs. Alternative Investments

00:02:41 - Publicly Available Trading and Asset Classes

00:03:01 - Understanding Futures and Commodities

00:04:20 - Explanation of Trading Contracts

00:05:07 - Electronic Trading and Historical Context

00:06:00 - Asset Classes Breakdown

00:07:00 - Short-Term vs. Long-Term Investing

00:08:05 - Interactive Brokerage and Discount Brokerage

00:09:07 - Smallest Trading Increments and Contracts

00:10:19 - What is a Future?

00:11:58 - Commodities as Examples

00:12:14 - Trading Indexes and Futures

00:13:08 - Making Money in Different Market Directions

00:14:10 - Intraday High Frequency Trading

00:15:49 - Risk Management in Trading

00:16:45 - Short-Term Investing and Asset Choices

00:17:28 - Rate of Change in Alternative Exchanges

00:19:06 - Age of Futures and Commodity Billionaires

00:19:39 - Risk Aversion and Short-Term Investing

00:20:33 - Proprietary System and Trading Factors

00:24:06 - Competing Against Professionals and AI

00:25:27 - Surgical Analogy for Trading Practice

00:27:07 - How to Learn More and Connect

00:28:57 - Closing Remarks and Thanks

Did ya know…

You can also be a guest on our show? Please email me at brad@physiciansguidetod...

About Succeed in Medicine

Was your training enough to handle everything physician life demands? From lawsuits to leadership, career decisions to challenging conversations, balancing the personal with the professional — not enough was addressed in medical school, residency or fellowship. This show fills those gaps so you can live up to the expectations that come with the white coat — not just in the exam room, but in all the places your MD follows you. Your host, Dr. Bradley Block, a private practice ENT, is right there with you — navigating the same challenges and bringing in world-class guests to teach, as he puts it, “everything we should have been learning while we were memorizing Kreb’s cycle.” With nearly 500 episodes and close to half a million downloads, Brad has built a trusted space where physicians come for brass-tacks, immediately-applicable advice. You don’t need another certification. You need a podcast that covers personal finance, private practice, side-gigs, main-gigs, reacting to bad reviews, misinformation, social media, charting, parenting, communicating, negotiating, leading, managing, teaching, learning and what to do when someone yells, “Is there a doctor on board?”

Hosted on Ausha. See ausha.co/privacy-policy for more information.

About Succeed in Medicine

Was your training enough to handle everything physician life demands? From lawsuits to leadership, career decisions to challenging conversations, balancing the personal with the professional — not enough was addressed in medical school, residency or fellowship. This show fills those gaps so you can live up to the expectations that come with the white coat — not just in the exam room, but in all the places your MD follows you. Your host, Dr. Bradley Block, a private practice ENT, is right there with you — navigating the same challenges and bringing in world-class guests to teach, as he puts it, “everything we should have been learning while we were memorizing Kreb’s cycle.” With nearly 500 episodes and close to half a million downloads, Brad has built a trusted space where physicians come for brass-tacks, immediately-applicable advice. You don’t need another certification. You need a podcast that covers personal finance, private practice, side-gigs, main-gigs, reacting to bad reviews, misinformation, social media, charting, parenting, communicating, negotiating, leading, managing, teaching, learning and what to do when someone yells, “Is there a doctor on board?”

Hosted on Ausha. See ausha.co/privacy-policy for more information.

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